As a business owner, keeping operational costs under control is pivotal, especially when it comes to energy consumption. Out-of-contract rates can be a surprise bump in your financial road. Here, we dissect EDF's latest energy prices effective from April 2024, and how The Smart Energy Company stands ready to steer you towards a better energy plan.
As a business owner, keeping operational costs under control is pivotal, especially when it comes to energy consumption. Out-of-contract rates can be a surprise bump in your financial road. Here, we dissect EDF's latest energy prices effective from April 2024, and how The Smart Energy Company stands ready to steer you towards a better energy plan.
What Are Out-of-Contract Rates?
Out-of-contract rates are the prices your business pays for energy after your fixed deal ends, and before you lock in a new one. These rates from EDF are typically higher, making it essential to switch to a more competitive contract promptly.
When Are You Charged Out-of-Contract Rates by EDF?
Your business will be charged out-of-contract rates by EDF if:
Your contracted tariff ends, and you haven't signed a new deal.
You start consuming energy at a new premise without agreeing to a contract.
Your pricing agreement with EDF expires or gets terminated without renewal.
The Switching Process Explained
Switching suppliers or tariffs doesn't have to be a drawn-out affair. With The Smart Energy Company, leveraging the Faster More Reliable Switching service introduced by Ofgem, your switch to a new EDF contract can take as little as 2-5 working days. Say goodbye to the fear of being rolled onto expensive out-of-contract rates indefinitely.
EDF Out of Contract Electric Prices - Effective 01/04/2024
Meter Type | Standing Charge (p/Day) | Day Rate (p/kWh) | Night/Off Peak* (p/kWh) | Evening/Weekend* (p/kWh) |
Standard | 200 | 34.92 | ​ | ​ |
Economy 7 | 200 | 35.68 | 32.03 | ​ |
Evening Weekend | 200 | 35.74 | ​ | 33.80 |
Evening Weekend Night | 200 | 36.36 | 31.82 | 34.77 |
White Meter | 200 | 35.68 | 32.03 | ​ |
Off Peak | 190 | ​ | 32.36 | ​ |
EDF Extended Supply Gas Prices - Effective 01/10/2023
Meter Type | Standing Charge (p/Day) | Unit Rate (p/kWh) |
Standard | 250 | 8.28 |
* Night/Off Peak and Evening/Weekend rates are subject to specific conditions. Rates are subject to change.
For the full, detailed schedule of EDF's out-of-contract rates and to explore their terms and services, please visit their official rate schedule. This will give you direct access to EDF's comprehensive rates and conditions, ensuring you're fully informed of your options.
The Faster Switching Process with The Smart Energy Company:
In line with Ofgem's Faster, More Reliable Switching programme, switching suppliers or tariffs can now be accomplished in a significantly reduced time frame. The Smart Energy Company can facilitate a switch from out-of-contract rates to a more favourable EDF contract within 2-5 working days, a substantial improvement from the previous 28-day standard.
Why The Smart Energy Company Can Help
With expertise in the energy sector and a client-first approach, The Smart Energy Company can help you transition from out-of-contract rates to a contract that’s both affordable and tailored to your needs. Our dedicated team ensures that the switch is smooth, fast, and without hassle.
How to Get a Quote
Are you ready to escape the unpredictability of out-of-contract rates? Reach out to us at The Smart Energy Company for a personalised quote that fits your business. With just a few details about your energy usage, we can help you secure the best rates that EDF has to offer.
Wrapping Up
Don't let out-of-contract rates disrupt your business's financial planning. Connect with The Smart Energy Company for advice and assistance in finding a new energy contract that brings you peace of mind and savings. Take control of your energy costs today – because smart energy decisions power successful businesses.
0151 459 3388 | info@smart-energy.uk
